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The Waverly Brooklyn

500 Waverly Ave, 3-G

Clinton Hill, Brooklyn | Park Ave & Myrtle Ave

Alcove Studio 1 Bath517 Square FeetCondo

$550,000
Common Charges$861
RE Taxes$36
Price Per SF
$1,064

Listing Features

  • Corner Apartment
  • High Ceilings
  • Washer / Dryer
  • Flr-to-Clg Windows
  • Dishwasher
  • Galley
  • Microwave
  • Open Kitchen
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • City Views
  • Skyline Views

Building Amenities

  • Part-Time Doorman
  • Bike Storage
  • Courtyard
  • Elevator
  • Fitness Facility
  • Garage
  • Grilling Stations
  • Laundry Room
  • Resident Lounge
  • Roof Deck
  • Storage

Policies

  • Pieds A Terre Ok

Property Description for 500 Waverly Ave, 3-G

PRICED TO SELL INVESTMENT OPPORTUNITY AT 500 WAVERLY

An exceptional opportunity to own a sunny and spacious alcove studio at Waverly Brooklyn, a full-service luxury condominium at the intersection of Clinton Hill, Fort Greene, and Prospect Heights.

Residence 3G features oversized windows with two exposures, high ceilings, wide-plank oak hardwood flooring, and central heating and cooling. The thoughtfully designed kitchen is outfitted with honed quartz countertops, Liebherr and Bosch appliances, a Bertazzoni range, and a Bosch dishwasher. The bathroom features porcelain tile, a deep soaking tub, and a custom wood vanity topped with Calacatta Oro quartz.

Additional conveniences include an in-unit Bosch washer and dryer and the use of a private storage unit.

Waverly Brooklyn offers an attended lobby, resident lounge, fitness center, second-floor terrace with a grilling station, landscaped rooftop terrace, and fully automated on-site parking.
Perfectly positioned where three of Brooklyn's most desirable neighborhoods meet, the building is moments from Fort Greene Park, the Brooklyn Museum, Prospect Park, BAM, and an abundance of neighborhood restaurants, cafés, and boutiques. Transportation is convenient, with the C, G, 2, and 3 trains nearby.

INVESTMENT OPPORTUNITY

Currently renter-occupied through September 2027 at $3,000 per month, the apartment offers immediate rental income and an approximately 4.5 cap rate at the $550,000 asking price.

Contact us for additional information or to schedule a private showing.

Listing History for 500 Waverly Ave, 3-G

Now
09/24/2026
$550,000
Initial Price by Sarale Fellig
Corcoran
2026

Building Details for 500 Waverly Ave

OwnershipCondo
Building TypeLow-Rise
Service LevelPart-Time Doorman
AgePost-War
AccessElevator
Year Built2015
Financing Allowed90%
Floors/Apts7/48
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0 miles
Clinton-Washington Avs
0.34 miles
Lafayette Av
0.47 miles
Franklin Av
0.49 miles
Classon Av
0.5 miles

Citi Bike

Fulton St & Waverly Ave
0.01 miles
Fulton St & Clermont Ave
0.19 miles

Building Availability

APPSF
Median
Average
$1,064
$550,000
$550,000
Last 12 months
$1,462
-
-
Last 12 months
$80
-
-

AlcoveStudio in Clinton Hill

APPSF
Median
Average
$1,015
$524,500
$524,500

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1560905